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20131202
20131210
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
, sub standard healthcare policies to driving a ford focus. said they both get the job done. explain this metaphor. that?o you mean by >> well, what i was saying was i low-priced car when i was at the white house. that's all i needed. it served me very well. and if you deemed that car to be substandard, you'd be verynating a lot of qualified vehicles from the road. now, the question is when you talk about healthcare, which want to disqualify? so when the president said that he wanted to make sure that we substandard healthcare plans, in fact, what he was doing was probably going in the wrong direction. mostlans that are effective for the economy are those that insure catastrophic , ensure the kinds of things that people can't cover and need insurance for. be bare boness to plans. but they're very efficient. they tend to keep the cost of becausere down individuals then bear the cost of their own healthcare. go and have a plan that has lots and lots of frills and overs everything, people use that. one statistic -- i know you're out of time. statistic. if you look at switzerland and com
. >> the botched rollout of healthcare.gov may have served as a cautionary tale for other u.s. agencies. the fcc announced decided to push back its broadcast auction to make sure the software works. megan hughes reports. tom wheeler said the systems and need to work from the moment the first bid is placed. unlike healthcare.gov, he is willing to push back the timeline. the original plan was for the end of the year. in spectrum auction would be 2014. wheeler has pushed back to 2015. a new timetable will be voted on. he said "i defined the complexity of this process as being like a rubik's cube. as part of our system, we will check and recheck the software and system components." here is why it is important. sold in blocks for companies like verizon and at&t. it will be key in dealing with more and more mobile traffic. as the delay, on both sides seem to be understanding. a rep from at&t said it needs to be done right and broadcasters like cbs and fox and disney were complaining that agency was rushed. one analyst said it is better to have the systems in place and working on delayed the launch wea
are not jetlagged, are you? we are going to walk through some of the top stories. we are all over healthcare.gov. iter the dub octal when first was initiated, it has come back. about one million people have visited the site since september 2. today is the deadline for lawmakers. >> they have a dose of their own medicine. i thought it was very telling on cyber monday. the walmart site had problems. at the same time -- i am not sure which is worse. areome of the lawmakers getting an ugly surprise, including john boehner. he said that the premiums would double. co-pays are going to triple. that is what he said. he says he is thrilled to death, sarcastically. payingas talking about the penalty options. i did not think that was a joke. >> we're going to be all over that, as i mentioned. mcdonald's is reporting their november sales. alix steel is in the newsroom with more. we know they had a tough time in october. >> n did not seem to fare better. globally, sales rose about 5/10 of one percent. that is shy of estimates. it does not look too bad. behind the numbers, they were down 8/10 of one perce
doing as his domestic priorities? >> he has to devote all of his attention into righting the healthcare ship. this is his legacy-defining item. the enrollment numbers are looking pretty good but that is in the front end. enrollment is a lot different than actually getting the 7 million people that they need signed up and having purchased health care. they are focusing big on colleges, on getting the word out to be able to get the young uninsured signed up to balance out that risk pool. >> i am not in that risk pool. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another big election or some kind of big economic shock that forces these lawmakers to come together. the house is a big part of the problem but the senate is becoming a big part of the problem as well. this goes back to politics and the fact that individual lawmakers, republicans specifically are so concerned about challenges from the righ
actually have a choice and have skin in the game. big problemsf the with the health-care system is we go to the doctor and we have no incentive to shop, no incentive to see what the costs are. as long as your a corporation and paying the bills and you do not see that bill, that is the way it will remain. no intelligence at the decision point. >> right. there is none whatsoever. >> or self-interest. >> right. we have taken away the market, so to could use very much solve this problem. we have completely taken out of the equation. i guess my problem with obamacare, the more i understand now, is it is dishonest. i mean we are taking young healthy people, and making them buy plants with stuff and then they do not need to subsidize people with pre-- conditions and older people. >> and if you do that, the system will not work. >> i am ok if you want to stand -- tax stand and say we are taxing you to support people with pre-existing conditions and sick people. i am not ok with messing up all this marketing and making me have maternity and all kinds of stuff in there as some kind of hidden schem
of republicans who will talk about it. there talking about the problems with healthcare.gov and they are also talking about the way the rubber meets the road. the prices that they are paying for premiums that are out there and the deductibles are going up as well. this is another talking point for them. they have criticized the health care law. we will have several members on capitol hill and this is one of the questions they will have to answer. rollout, theo the website is operating better. they will make this point over and over. >> lawmakers actually have a deadline of their own to sign up for the affordable care act. how is that going? >> there is actually a different website. technically, they are members of a small business. that is the congress of the united states. they are operating off of the d.c. exchange. the deadline is december 23. december 9 is the deadline for members of congress understaffed to sign up for individual plans. they want to be forced to eat their own cooking. many are signing up. many are finding that they are having problems. they're also getting sticker shock
interview with hedge fund heavyweight title -- kyle bass. d.c. as goldman is in healthcare.gov sees a surge in users. signed a deal with china mobile to offer iphones on its vast network. we are joined with more perspective on what this possible deal that has not been announced yet would mean. tom, reports are rampant that they are just about to sign this deal. on the apple side, how big a boost is apple going to see if they did sign a deal with china mobile. >> yes, good morning, betty. a way i look at china mobile for apple, this is been a long, speculated catalyst, and the question was when, not if. withu look at china mobile 7 million subscribers, this could be a very big deal for apple, especially if it means they could be selling the devices as early as this month. figures thatcting could meaningfully be improved. >> this is a long time coming for china mobile. they have been losing out because they had not carry the iphone. >> the story there was it was with the china network -- the china mobile network, which is no longer the case. also, the idea that they will be rolling out 4g, wh
priorities? >> he has to devote all of his attention into righting the healthcare ship. this is his legacy-defining item. the enrollment numbers are looking pretty good but that is in the front end. enrollment is a lot different than actually getting the 7 million people that they need signed up and having purchased health care. they are focusing big on colleges, on getting the word out to be able to get the young uninsured signed up to balance out that risk pool. >> i am not in that risk pool. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another big election or some kind of big economic shock that forces these lawmakers to come together. the house is a big part of the problem but the senate is becoming a big part of the problem as well. this goes back to politics and the fact that individual lawmakers, republicans specifically are so concerned about challenges from the right instead of having a dem
warm bodies actually signing up on healthcare.gov. i am guessing the u.s. state attorney general will not take uber is more disruptive. i'm tom keene live from world headquarters in new york. it is thursday, december 5. joining me in scarlet fu and alix steel joins us. but it is time right now for a morning brief. bitcoin morning briefing. overnight china announced it will bar financial institutions from handling bitcoins transactions, a move to rein in the virtual currency after an 89 fold jump in the value. alan greenspan's take on bloomberg tv -- it is a bubble. >> it made quite a splash. >> absolutely. europe, 7:00 a.m., bank of england rate decision and then at 7:45 a.m., ecb rate decision and economists not forecasting a change. >> mike mckee our chief economic correspondent will be focused on the 8:30 a.m. press conference with mario draghi where there is a lot to talk about. >> including the possibility of a fed tabor here and what it could mean for rates rising in europe as well. a lot of economic data in the u.s.. 7:30 a.m., challenger job lot -- job cuts, then initial
healthcare.gov. that means he gets no government subsidies, paying nearly $600 a month in premiums. others do not need to roll -- enroll because they are covered by other insurance. that includes ted cruz. he is covered by his wife's plan. she works at goldman sachs and her insurance is valued at some $20,000. he is by pat -- bypassing taxpayer help. i should point out his fellow texan governor, the only lawmaker choosing not to have health care at all next year. he says he is willing to pay the penalty. qwest thank you. -- >> thank you. the fcc has announced it has decided to push back its auction to try to make sure the software actually works. megan hughes joins us now from washington. deal is this whole thing? qwest it is a big deal for the wireless industry. the moment the first bid is placed at this auction, so, the original plan was for the fcc to publish auction rules by the end of this year in the spectrum 2014.n would be wheeler has pushed back until 2015. a new timetable will be voted on early next year. wheeler saying in a blog post, -- here is why it is important for the wireless
healthcare. these are some of the things still reverberating in south africa today. >> we'll have much more on the passing of nelson mandela in the next two hours. we have data, crucial data, u.s. jobs in the u.s. and it will give us the timing on when the fed will start tapering. >> it is the open ended debate. peter oppenheimer of goldman sachs said look, it is not going to be a shock whenever taper comes. >> you never underestimate the markets. he said a 1% rise in yields is approximately 20% lower in equities. what you is probably a little bit of a dip in the data. estimate, 186. markets pricing in good data above 200. >> the data that is coming in later this afternoon. we had the japanese prime minister calling for a china summit. >> it has been playing out over the last 12 months. escalating over the last 12 months as well. over the islands in southeast asia. china put up a no flight zone. there was a fear this could go down a military route. there was the rise of anti-japanese sentiment in china. no good for japanese companies looking to penetrate that economy. good news for all of u
. the government picks up about 75% of their premiums. the onlineet to use exchange, not the troubled healthcare.gov. john bane are signed up for an individual plan. his office that it took them several hours and he does not really like the end result. a new $800 a month premium went to factor in his wife's medicare. arey health and premiums going to double. m lopez tripled. i am thrilled to death as you can tell. tripled.pays i am thrilled to death as you can tell. >> do they lawmakers actually have to enroll? >> they don't. they can opt out but there is a possibility it would end up costing them more money. one is mark. he is facing a tough reelection fight. no government subsidy. his premium is nearly $600 a month. lawmakers do not need to enroll. they're covered by other insurance. one of the lawmakers is covered by the spouses plan. the wife works at goldman sachs. this is valued at about $20,000. democrats are not hesitating to make this a big issue. >> thanks very much. phil mattingly, our white house correspondent. for more insight, i am joined by john, the founder and chief executive of
-- volker rule. will forever change banking. warm bodies actually signing up on healthcare.gov. i am guessing the u.s. state attorney general will not take uber is more disruptive. i'm tom keene live from world headquarters in new york. it is thursday, december 5. joining me in scarlet fu and alix steel joins us. but it is time right now for a morning brief. bitcoin morning briefing. overnight china announced it will bar financial institutions from handling bitcoins transactions, a move to rein in the virtual currency after an 89 fold jump in the value. alan greenspan's take on bloomberg tv -- it is a bubble. >> it made quite a splash. >> absolutely. europe, 7:00 a.m., bank of england rate decision and then at 7:45
month since march, 2012. healthcare up 28,000. one area of weakness, financial activity is down 3000. up average weekly hours are 34.5. the bottom line, moore improvement, more traction in the labor market. the unemployed rate will get the attention of the federal reserve talk.art paper -- taper >> it is getting the attention of the markets. alix steel, do we see a rally? >> a little bit of a rally. it looks like investors are taking good news as good news. typically, you might think of good jobs number, perhaps the fed will taper, and that will be negative. we are not seeing that in the equity market. the treasury yields rising above 2.9% for the 10-year. on currencies, it is all about the stronger dollar. if the economy is getting that dollar will appreciate as you see a rising against the euro, against the ed, and against the pound. and againsthe yen the pound. in michaelo bring mckee. is there a reason to be excited? >> a couple of reasons. the whole report is good in terms of direction. some of the numbers are not up to where they were prior to the government shutdown, like the part
Search Results 0 to 19 of about 20 (some duplicates have been removed)